Fang, Hanming; Wu, Jing; Zhang, Rongjie; Zhou, Li-An - National Bureau of Economic Research - 2022
We advance a novel hypothesis that China's recent anti-corruption campaign may have contributed to the recent resurgence of the state-owned enterprises (SOEs) in China as an unintended consequence. We explore the nexus between the anti-corruption campaign and the SOE resurgence by presenting...